Read the full judgment text of HCSA 000001/1974 on BabelCite. This High Court CFI judgment.
1. This is an appeal arising in another case where the Collector of Stamp Revenue has taken the view that property has been conveyed at an under value and where he has in consequence sought to charge the conveyance with duty as a voluntary disposition under Head 53(2) by virtue of s.27 of the Stamp Ordinance. The point which is now taken did not arise (or at least if it did arise was not taken) in the recent case of Zung Fu Company, Limited v. The Collector of Stamp Revenue 1973 H.K.L.R. 496, a